Reuters (November 26)
China’s 10-year “Made in China 2025” masterplan ruffled global feathers upon introduction nearly a decade ago. The plan “laid out sweeping goals across aviation, robotics and other sectors aimed at transforming the world’s second largest economy into a ‘manufacturing superpower.’” This November, a U.S. government report “found that … the country has ‘met or exceeded many of the very ambitious global market share, local sourcing and technological development targets.’” China’s next plan is also likely to create international backlash. “All eyes are on China’s next economic blueprint. Indeed, a Made in China 2035 plan is probably already underway,” but being kept “under wraps.”
Tags: “Made in China 2025”, Ambitious, Aviation, Backlash, Economy, Global market share, Goals, Local sourcing, Manufacturing superpower, Masterplan, Robotic, Technological development, Transforming, U.S.
WARC (February 8)
“Despite the difficulty of putting on the games with a pandemic still raging and freezing conditions even by the standard of snow sports, success in the Winter Olympics is putting Chinese designed technology front and centre.” This provides an excellent stage to advance the country’s “Made in China 2025” strategic plan that is “designed to move the Chinese economy away from being a low-wage factory to the world and toward high tech, advanced design and manufacturing.”
Tags: “Made in China 2025”, Advance, Advanced design, Economy, Factory, Freezing, High-tech, Low wage, Manufacturing, Pandemic, Raging, Sports, Strategic plan, Success, Technology, Winter Olympics
